Question 49 "The Canadian annual inflation rate exceeds the average annual increase in Canadian wages." This statement is a microeconomic issue.
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Question 50
Minimum wage legislation is an example of price ceiling.

As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage

Shelby bought her dream car, a 1966 red convertible mustang, with a loan from her credit union. if shelby paid 5.1% and the bank earned a real rate of return of 3.5%, what was the inflation rate over the life of the loan?

Gross output (go) reflects the overall status of the productive side of the economy better than gdp does. a. true b. false